Planet Performance Ltd. (SC262016): administration
- Status
- Administration ended
- Administration began
- 2014-11-21
- Administrators
- Ian William Wright
- Administrators' firm
- Wri Associates
- Formerly
- Planet Performance (Europe) Ltd.; FHR Trading Limited
- Incorporated
- 2004-01-16
- Location
- Dundonald, Kilmarnock
- Industry
- 45320 Retail trade of motor vehicle parts and accessories
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The company was incorporated in January 2004 as FHR Trading Limited by its director, Faizan Aatif, changing its name to Planet Performance (Europe) Limited in February 2008 and to its current name in October 2008.
The Company remained dormant until 2011 when it commenced trading in the supply of specialist automotive tuning parts and accessories, to both wholesale and retail markets. Prior to 2011, the business had previously been operated by Faizan Aatif on a sole trader basis.
Subsequent to 2011, the company also provided mechanical repair, maintenance, and body shop services, together with specialist "one off’ automotive builds from the Dundonald premises.
Administrators' statement of proposals (2015-01-15) · Companies House register